614 Wagner CirGastoniaNC28054
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Gastonia at 614 Wagner Cir, Gastonia, NC, 28054 priced at $260,000 pairs $2,280/mo rent with $695/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,280/mo, and annual cash flow comes to $8,340/yr on $86,190 invested. Return on cash invested is 29.59% in year one, and rental yield stands at 10.52% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 154.59% and total cumulative return in cash reaches $133,241. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28054, Gastonia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,779 (100%) |
| Owner Occupied HU | 9,052 (48.2%) |
| Renter Occupied HU | 8,717 (46.4%) |
| Vacant Housing Units | 1,010 ( 5.4%) |
| Median Home Value | $270,652 |
| Average Home Value | $292,787 |
Housing Distribution
Address Breakdown
Residential
17,025
Single Family
14,663
Multi-Family
2,362
Businesses
1,476
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Listed by: Marianne Shields • Shields Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331841